A month into the brave new world of Reg FD, a panel of experts gathered to discuss its impact
A little over a month after Reg FD's official launch on October 23, a panel of experts gathered on the virtual stage to assess its impact. The US SEC's new regulation requires companies to communicate all material, non-public information to all audiences simultaneously. When FD was first proposed, many IROs predicted a chilling effect on corporate disclosure; others foresaw the opposite. As it turns out, both were right: Reg FD's inception has both promoted and inhibited corporate communications.
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